The Insolvency Landscape One Year into the COVID-19 Storm
Although 2020 may be behind us, the economic conditions and lockdowns caused by the COVID-19 pandemic still linger. With the emerging picture for Canada in 2021 looking to largely resemble that of 2020, many are wondering how long struggling businesses and their creditors can hold their breath while waiting for improved cash flows and customer demand.
Against this backdrop, we are pleased to share our first edition of Davies Restructuring Review 2021. In this issue, we analyze key issues and developments in the insolvency landscape one year into the pandemic, both within Canada and on a global scale. Among other topics, we offer an in-depth look at Canada’s judicial and regulatory response, notable trends in CCAA filings and lessons to be learned from past crises.
Davies Restructuring Review is a quarterly publication that analyzes key trends and developments in the insolvency and restructuring community.
2023 Business Insolvencies in Canada
Mar. 05, 2024 - As we predicted in earlier issues of Davies Insolvency Now, the year 2023 reflected the anticipated increase in business insolvency activity. In this issue, we perform a comparative review of business insolvencies from 2023, examine the fluctuating volume and decreasing asset values, look...
Business Insolvency on the Rise in Canada: Understanding the Role of AI
Oct. 12, 2023 - The first half of 2023 saw a significant increase in business insolvencies as economic sectors responded to uncertain financial conditions in Canada and around the world. In this issue of Davies Insolvency Now, we examine the impact of this rolling recession by sector and region. We...
